Independence Party of Iceland

The Independence Party is a liberal-conservative political party in Iceland that was founded in 1929. The party united the Conservative Party of Iceland and the Liberal Party of Iceland under one banner, and it successfully advocated the dissolution of the union between Iceland and Denmark in 1944. From 1929 to 2009, it won the largest share of the vote in every election, but it fell behind the Social Democratic Alliance. The party advocated economic liberalism (deregulation of the economy), and it became the party of fishermen and high-earners, particularly in Reykjavik. The party supports Icelandic membership in NATO, but not in the European Union.